Monday, February 15, 2010

Leadership At Managing The Resources

Leadership is a great responsibility in its true essence. Its areas of attention are as diverse as its styles and theories are. When it comes in to light the term of leadership, the picture of managing the resources accordingly, yielding the best from the present, is what to be expected from the leader.
The current developing world is in severe urge of an authentic leader that could make the effective use of resources, with minimum side effects and high yields. When such high is the demand of the time, the upcoming leaders must concentrate on these points in order to evolve the best.
• Time Management
The first and foremost factor that influences the usage of resources is the “time” factor. Timely fulfillment of the tasks without any last minute hassle, would avoid many abrupt decisions that could be dangerous for the individual and organization as a whole.
Moreover, the more planned the tasks are, giving their deserved time, more mistake could be avoided. It would not affect the efficiency of the followers and they would mentally be satisfied and relaxed in doing their job as it is well said “the birth of tension is the death of talent.”
As long as the time is managed properly and the demanding tasks are given their due attention, the tension would not stem up and would not hamper the performance of the individuals.
• Meetings For The Prioritization Of The Tasks
The organization of the meetings is immensely essential for the management of resources. It is always advisable to arrange the meetings, inviting all the related top officials and the subordinates, and discuss the resources from many angles i.e. discuss its negative and positive points, the cost effective areas, the creative and the lucrative areas. Prioritize the tasks on the basis of these factors and allocate the financial and expertise accordingly.
The more the concerned issues are addressed, the minimum would be the chances of hurdles and work can be done smoothly, resulting in the terrific accomplishments of goals.
• Managing The Budget
Proper and effective use of the money has always been an important aspect for the leadership influence. Though, the apt use of money is indeed the key to the success, any mistake in it could explode the very basis of the assured success in no time.
The allocation of money should be based on the prioritization of the task and the resources available. If the more convenient resources are available to achieve the simple tasks and the desired work can be obtained from those resources, it is always wise to spend the money on the area which is lucrative and affects the results across the board, ensuring the output maximum, too.
• Usage Of Technology
No doubt the technology has incredible effects on the efficiency of the process and yields the greatest, too; the unwise spend on it, without judging it from all angles, will not necessarily produce the profitable and balanced results.
For example, if any task requires the use of machinery, and that can be easily manipulated manually too, it is always suggested to estimate the over all profit of the task manually as well as in mechanized form. If the profit is significantly higher in mechanized form, covering the cost of machinery in the good package, the idea of the mechanized technology can then be supported. And, if the profits are not up to the expectations or are not in harmony with the mechanized path-way, then the use of manual power would be the only best option.
Management of the resources is no doubt a difficult and demanding task, the careful analysis of the key factors from varied angles and the discussions of the allocation of the staff and the finance would produce the optimum results. The fundamentals like time factor and the technology use are indispensable too, for they assure the uprising of the brighter sun from the horizon of success!

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